January 25th, 2018 at 8:10 am UTC · 2 min read
Etherdelta now lists PLC for trading while other exchanges like Bitsane/Anybits, IDEX, Mercatox, and Yobit will follow suit. The DS PLUS team said more exchanges will be added to the list wherein users can trade PLCs.
With plans of joining larger and more exchanges, the DS PLUS team also sees it fit to drive more interest toward the coin and present PLC as a tool to enjoy cashback rewards given away by the PlusCoin platform.
DS PLUS announced that it would burn all unsold PLC tokens from the ICO on January 15, 2018. This would decrease the supply of the coin but would give its price and market value a boost. Fewer PLC coins on the market would yield higher interest from the cryptocommunity
.“When discussing the process of burning the unsold during the ICO PLC tokens, we concluded that the total number of tokens, including those that were allocated to the infrastructure and the reserve, should be reduced to properly distribute and increase the value of the coin,” said Mikhail Mikhailov, CEO of DS PLUS (PlusCoin).
The team stated that PLC coins will be distributed in this manner:
DS PLUS is a platform that provides a crypto-cashback service powered by the Ethereum Blockchain in the form of a mobile application integrated with PlusCoin cryptocurrency. It serves thousands of partner merchants by motivating users to make a purchase using PlusCoin. Users gain rewards by using PlusCoin which can be used to buy goods and services from partner merchants at the online store of the platform. For more information, visit: https://pluscoin.io/.
Disclaimer: Pluscoin is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest